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20-079/VI - Debt sustainability when r - g < 0: no free lunch after all


  • Authors
    Sweder van Wijnbergen, University of Amsterdam; Stan Olijslagers, University of Amsterdam; Nander de Vette, De Nederlandsche Bank
  • Publication date
    November 24, 2020
  • Keywords
    Debt valuation, sustainable deficits, fiscal adjustment gap
  • JEL
    H6, H62, G12